Firm has moved to Banbury and plan major expansion in coming months including launching six new lines.
Gusto Telecom Solutions has set a target of becoming the biggest seller of mobile phone accessories in the world with plans to open two new bases in North America and in Europe.
Banbury based Gusto, who design and make mobile phone accessories, has seen an increase in turnover of £4.5million since starting up in 2012. They recently moved from Coventry to larger premises in Banbury and now plan to expand even further using a £200,000 overdraft facility as a safety net during the expansion.
The company, who’s Juice mobile charger sold 2,000 units in its first week of sale, is now looking to expand into further international markets. Gusto products are already sold cross 5,000 retail stores in five different countries.
Gusto owner Jolyon Bennett has set out plans to increase his work force by more than 25 people over the next six months, on top of the 12 already employed.
Bennett said: “I have the ambition to make Gusto the largest seller of mobile phone accessories in the world and I am continuously looking for ways in which the company can grow. Through the overdraft facility provided by the bank, the firm is supported if any unforeseen costs occur.”
Gusto supplies portable chargers, phone covers and speakers to many well known retailers across the UK and is planning to increase its range of products further by developing six new lines in time for Christmas.